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~ i —n —7“ CHRONICbX l.\D sentinel. AUGUSTA. FRIDAY TURNING, DECEMBER 25. ~ I'OR CONGRESS, HINp HOLT, Jr. | OF MtTSCOGKK. Election «L First Monday in January. (fj= To-daj' b*ing Christmas, no paper will be is sued from this office on Saturday morning. The Tri-Weekly suifccribers will be supplied with the Uiily .ts this morning. Correspondent*! of the Chronicle and Sentinel. .Milledgetxlle, Tuesday, 7 11 I'clock, p. m., Dec. 22, 1840.5 Thin has been ! day of despatch with the business of the Legislature. The tables of both houses are nearly cleared all the matter that have been : laying on them l£r weeks, and no measure of any importance is noik undisposed of in either house, except the bill l(pr the repeal of the Darien Bank charter, &c.; that is now before a committee of conference between the two'houses, to adjust a disagreement growing out of the amendments o l ' the Senate. Tbit bill, from its present situation, and the strong dltermination for an adjournment at an early hour*n the morning, will, most proba bly, be lost. The Senate, t-day, has passed the bill of the House in relatioi? to the Central Bank, which re peals the act ol fust year and provides for the re demption of the iills in circulation by the issue of the State bonds, J&c.; also, the Tax bill, and the Maine bill, as it i* termed, or the quarantine regu lation, fcc. I send you, by this mail, a copy of this bill. The laA section was added as an amend ment in the Senate, and I give its substance as j understood it frtm hearing it read. It is said by wat of the friends of the Governor that he will veto it. If so, Itipprehend that he will find him self unsupported jy the feelings of the people of Georgia. This Measure was defeated last year ••ly by means of a party rally on the last night •f the session ; and a similar attempt was made again to-day, but without the same success. The bill was advocated in the Senate, by Messrs. Mil ler, Moore, and fepencer, and opposed b}" Messrs. Cordon, Reid, ana Echols, and passed by a vote of &) to 31 —a majoßty of four in its favor. In the House, - he onh* bill of general interest acted on to-day, was the measure in relation to Franklin College The final disposition of this matter resulted ii ; the indefinite postponement of the bill, and the f-doption of a preamble and reso lutions, ottered by: Mr. Stephens—a copy of which 1 send you. Thi ■ bill, as I stated some days ago, had passed the J|ouse with an amendment, and was re-coosider*)!. The amendment then agreed to was of the san|e nature as the resolutions now adopted; the only-difference being, that the amend ment to the bill directed that the Governor, imme diately upon the receipt of the report contemplat ed to be made, should assign to the Trustees of the University Bankj stock of the B:a‘e, equal in mount to the sur| found due the University upen the settlement, if equalled the amount of fifteen hundred fjiares, and if not, then to that amount as a pejlnanent endowment; while the resolutions refer t|ie report and the whole matter l* the next Legislature. It is thought that, upen an accurate settblaacnt between the Treasury of the State and the llniversity, as is provided forty the resolutions, tl»e State will be found to be in possession of ftmc|j of the University not less than •ne hundred '.adlfiity thousand dollars. Some of the data govemi|g this opinion, will be foutd in the reports the Secretary of the'Tieasuiy and the Cashier* of the Central Bank, —copies ol which follovi the resolutions, so that ycu may pub lish thermif you think the subject will af lord sufficient iuti|rest to your readers. It would, unquestionably, Ife better for the institution that its fiscal concerns* should be separated from the Treasury of the Slate, and be placed under the sole control of the Trustees. The resolutioui'lof the Senate against a high Ta riff and a Bank the United States, were taken up in the Home ■ o-day and amended, by striking out the resolution against a National Bank and in serting one declaring such an institution “ ex ppdient, and necessary,” for the safe keeping and propter disbursements of the public revenue, and for the interest and prosperity of the United States. I give thf substance, not having the reso lution before me. Upon the adoption of the whole, •* amended, many of the Van Buren men refused to vote, and entere d a protest upon the Journals,&c. Both houses nave now adjourned to meet at 7 o’clock in the morning, to close the business of tie eewien. 'Yours, &c. 11. 2tfn.LfiD6Evu.LE, December 22. The Senate this morning took up and passed the biff of the Home, |n relation to the Central Bank —Yeas 38, nayi 3|». They also took pip the bill of the House, which provided for the appointment of Commissioners to wind up the affairs of the bank of Darien, and adopted in lieu of it a substitute, authorising the Central Bank to lend to any persons indebted to the j hank of Darien, the bills of that bank now in the Central Bank,an 1 to sell the States’ interest in the hank of I)., if par can be obtained for it, to be paid for in five annual instalments, with interest. Ido not trunk the House will concur with the Senate, The next bill pissed, was the ene transfering “ Waters' Purchase ” from Jasper to Newton. It j gave rise to animated discussion, which was participated in: by Messrs. Glover, Williamson, Miller, Carter ard£easly in favor of; and Messrs. Gordon, Dunagm; Lindsay and Echols of W. against the bill. As the act of 1834, cutting off tho territory in question, was passed by the party for the purpose of giving them the ascendancy in Jaaper, and in opposition to the wishes of the rep resentatives and squalors of Newton, in the Legis lature ; it was ri|l?t, and proper to repeal the act— which has been do le. lam informed that a peti tion will be presented t® the Governor, praying ban to veto the bil^ The House mfojraed the Senate of their having passed the Senate js bill, to repeal tho act of last session, prohibit ini; banks in a state of suspension, from charging m«r| than 2 per cent for exchange, lx tho mfternoor|. af'.er disposing of various bills of little interest, she Senate took up the Quaran tine bill, (of whkfi I sent you a copy) an amend ment was adopted,: declaring that the bill should not operate after Governor gave notice that Maine had lurrendtred the fugitives. The Senate i * » then adjourned amt met again at 7 o’clock, when after considerable | scussion, the bill was passed— Yeas 36, nays 31 < It was advocated by Messrs. Hiller, Spencer, Myre and Kennan, and opposed by Messrs. Gordon,|Reid and Echols, of W. The Senate then took up and passed the resolu tion reported by the Committee on the state of the Republic, requiring the Governor to continue hi" correspondence with the Governor of "S irgiuia, and to open a correspondence with the Governors of the other slave holding States, with the view of devis ing some plan to remedy the wrongs now existing, in relation to Georgia and Virginia, by the refusal of the Governor of Maine and New York, to sur render certain fugitives, and if necessary to carry out such plans, to call a convention of the people of Georgia. So jou wiXJ perceive that Georgia has taken a decided stand upon this important question. Some calculate on the Goreraor’i refusing his assent to the quarantine law. I trust they will be disap pointed. The Senate adjourned till 7 o’clock to-morrow morning. Both branches of the Legislature will adjourn sine die to-morrow. The following is the Senate’s amendment to the bill “ entitled an act to protect the slave property of the State of Georgia,” &c,, which we published yesterday: — “ And be it further enacted, That whenever the Governor of the State of Maine shall comply with his constitutional obligations to the State of Georgia, in the premises, the Governor of this State shall, by proclamation, suspend the operation of this act.” Whereas, the Legislature of this State, in the year 1784, appropriated twenty thousand acres of the first quality of land in several counties of this Slate, for the laudable, wise and patriotic purpose of founding a University of learning within its li mits, wherein her sons might be taught the arts and sciences and have all the opportunities of ob taining a thorough education, without being depen dant therefor upon foreign institutions; and where as, subsequently to the appropriation of said lands, and in pursuance of the object contemplated there by, such University has been founded and charter ed, and the lands so appropriated have, at different times, been sold and conveyed, in pursuance of va rious acts of the Legislature, and a large amount of lae proceeds of the sale of the same has, at dif ferent times, been received into tho Treasury of the State ; and whereas, it is not only the pride and honor of all free States, to aid in the diffusion of knowledge, the encouragement of learning, and the promotion of education, and to cherish and fos ter the higher schools of science, but has been made the constitutional duty of the General As sembly of Georgia, sanctioned by the exfcrience, virtue, intelligence and patriotism of our revolu tionary fathers, “ to provide effectual measures for the improvement and permanent security of the funds and endowments” of such institutions ; and whereas, the Legislature, in pursuance of such high obligations, has, from time to time, since the adop tion of the Constitution, given to the University aforesaid, various donations and additional endow ments, some seeming to be in lieu of the interest accruing annually on the funds of the University received into the Treasury ot the State, and others, as original endowments; and whereas, experience has shown, that for the better securing the great objects intended by the founders of the institution, it should he entirely separated from the precarious action of the General Assembly, as well in its fis cal concerns as in its general government and regu lations, which could much better be confided to the management and direction of its Board of Trustees, and that its funds, of original and subsequent en dowments, as far as the same have been received into the Treasury of the State, should be turned over to the Board of Trustees, to be by them per manently invested in such way, and in such stocks, as may appear to them most conducive to the ad vancement of the interest (f the high trusts com mitted to their charge—ln pursuance, therefore, of these objects, and for the better securing these ends, as well for the disconnection of the affairs and funds of the University from the Treasury of the State as fur the settlement of its permanent en dowment hereafter, as originally contemplated by its founder and as enjoined by the Constitution— Be it therefore Resolved, by the Senate and House of Representatives of the State of Georgia, in General Assembly met , That within three months after the passage of this resolution, it shall be the duty of the Governor to appoint three fit and suit able persons to examine into the history of the University of this State, from its earliest establish ment, and to ascertain the amount of the various donations and endowments to the same, made. at different times, by the Legislature, and the aggre gate of the several annual receipts into the Trea sury of the State and the Central Bank, on account of the University funds or proceeds of bonds taken at the sales of said lands; and, also, the several annual appropriations made from the Treasury to meet the current expenses of the College, keeping each the special annual appropriations sepaiate and distinct, and to make an accurate and equitable ac count between the Treasury and University for such receipts into the farmer and annual appropria tions to the latter, by computing and compounding the interest, at the lawful rates of this State, an nually on the amounts so received into the Trea sur} r , as well as on the annual appropriations so made to the College; to ascertain the amounts which upon equitable settlements, or account so made between the Treasury and University, shall then be due to the latter; and whose duty it shall be to report the same to the Governor. And he it further Resolved , That the result of such investigation be reported by the Governor to the next General Assembly, that such action may then be bad in relation to the object of these reso lutions as may seem most suitable and proper for effecting the ends contemplated by their adoption. (Copy of Report.) Treasury Department, Georgia. / Mxlledgeville, Nov. 1 /th, 1840. 5 To the Honorable , the Speaker , and the members of the House of Representatives: j In compliance with a resolution of the House of j Representatives of the 19th instant, requesting the Treasurer to furnish a statement of the amounts received at this Department upon University bonds, and the year in which the several amounts were received previous to the Ist of January, 1829. I have the honor to report as follows: — Amount rec’d, political year 1818 $17,628 94 « “ 1819 4,522 20 “ « 1820 6,408 30 « “ 1821 19,045 86 « “ 1822 26,860 00 “ « 1823 19,495 SO “ « 1824 10,846 16 “ “ 1825 6,391 92 1826 13,840 17 1827 3,356 92 “ « 1828 3,872 98 “ « 1829 638 94 i $132,204 19 Very respectfully, T. HAYNES,Treasurer. Statement from the Report of the Cashier of the Central Bank, Nov. 18th, 1840. University Bonds and Attorneys re ceipts for the same, received by this Institution from the Treasury De partment, amount of principal $39,310 13 Cancelled by Executive order, 1,519 80 Balance, $37,790 33 Collected of the above, 32,986 87 Remaining in Bank, $4,803 46 Amcunt of principal as above, col lected by Central Bank, $32,986 87 Interest received on same, 5,622 72 Principal and interest collected, $38,609 59 Christmas Gift to the Orphan.—After divine service this morning, in the Catholic church, a col lection will be taken up for the education and sup port of several orphans, some of whom are the vic tims of tho fever of last year. The charitable contributions of such as cannot attend, will be gratefully received by the Rev. J. Barry, or any of the Trustees of the chuich. The Rev. Dr, Bkantly, President of Charleston College, will by divine permission, preach in the Baptist church on Sxbbath morning next, on the oc casion of the ordination of the pastor of the church. Services to commence at 10£ o’clock. Correspondence of the Chronicle and Sentinel, Washington, Saturday Evening, > December 19th, 1840.$ I have no Congressional r ?ws to send you to day, as neither House has been in session. There is so little that can be done under the ex isting state of parties in both branches of the Na tional Legislature, and there is so much to be done when the Harrison party obtain the majority, that it is very likely little will be attempted at the j re sent scssion.excepl to repeal the sub-Treasury act — get stores of information from the men in power as to the actual operation of their own measures of policy, and thus pave the way for that scries of beneficent and patriotic acts which will be passed during the first session under the administration of General Harrison. After the exciting contest we have gone through, the present state of the polili- j cal atmosphere appears peculiarly calm and mode- I rate, and the relaxation of a day at the close of the • week is not ungrateful. v The Cabinet appointments arc still the subject of . conversation in all the social and political cir- j clcs. The two posts of Secretary of State and At torney General being assigned respectively to Mr, Webster and to Mr. Crittenden, speculation con i tinues still active and alert about the other posts ; of high nonor. It is now said that Mr. Ewing will I probably not accept of the office of Postmaster General, which has been tendered to him ; if this | is the case, Mr. Whittlesey of Ohio, Mr. O. H. I Smith,of Indiana, or Mr. Southard of New Jersey, j will be the men. They are all spoken of, but 1 incline to think ■ that Mr. Ewing trill accept. As to the three Se- \ cretaryships, of War, Navy, and Treasury, the j general wish is that nobody should be appointed to either until General Harrison comes here, and has an opportunity of consulting his friends from dif ferent quarters of the Union. Mr. Dell and Mr Preston are spoken of strongly for the War De partment; Mr. Dawson, of Georgia, is promlnen* j among those who are referred to fur the office of j Secretary of the Navy ; Mr. Cameron is peculiarly prominent among the persons mentioned for the post of Secretary of the Treasury". Mr. Sargent, of Pennsylvania, has also his supporters, and stands for the same post. Mr, Grander is ; spoken of too for the Navy Department. If Mr. i Dawson goes into the Cabinet, and also Mr. Bel!, ! then Mr. Granger will probably be Speaker of the House of Representatives. If Mr. Preston does not go into the Cabinet, lie will most probably be made Minister to England or France. Mr. Legare will also receive, it is likely, some distinguished appointment abroad. Both of these gentlemen would do honor to the country in any station to which they may be called. The Senate seems little disposed to discuss any question of general policy. Mr. Clay’s motion for a repeal of the Sub-Treasury act, after a short i speech from him and a brief rejoinder from Mr. j Wright, was put on the Secretary’s table, and we will probably not hear of it again for some weeks. ! Mr. Webster opened up a field of discussion on the financial part of the President’s Message. But as- i ter his powerful speech was replied to, though in a very feeble manner, by Mr. Wright, the debate dropped. Nobody else exhibited any disposition to participate in it. There will, however, be a debate on the Mes- | sage in the House, if the majority should soon go into committee ol the whole for the purpose of ! distributing its various parts to the different stand- , ing committees. The Christmas holidays begin on Friday next, and as Monday is petition day, there will be only' really three legislative days this week. D. Loss or Cotton by Fire.—The Savannah Re publican of the 23d says: We regret to state, that yesterday afternoon the Iron Steamboat Company’s tow boat No. 2, with about four hundred bales of Cotton, was destroyed by fire in our river, about two miles above the city'. The particulars we learn are as follows. The steamboat/. Randolph, with the above and another boat in tow, from Au gusta, was aground, and while waiting for the tide the Cotton was discovered to be on fire, low down j near the bottom of the boat. The flames spread : with such rapidi’y, that it was found to be impos- | sible to save both boats, and she was therefore cast loose, and was, with her cargo, entirely consumed. The cotton in the other boat though frequently on fire, was saved without any damage. The Cotton destroyed was taken in at Augusta, but we did not understand to whom it was con signed. From the Petersburg Intelligencer of the 22 d. Horrid Murders* The Mail-Carrier from Southampton bungs us the following account of a series of horrid mur ders committed in that county on Monday week last, by a wretch by the name of Drake. It appears that on the night of Monday, the 14th inst., Drake went to the house of an aged man by the name of Scott, on the pretence of pro curing a jug of vinegar. Having got the vine gar, Drake asked Scott to walk with him to the road, where he said there was an oyster cart. — Scott accompanied him to the road but found there was no cart at the place designated, and on turning round to retire to his house, was struck by Drake on the head with a maul and killed in stantly. Drake having committed this cruel mur der, went to Scott’s kitchen and struck a negro woman a heavy blow—the woman, though bad ly hurt, was enable to escaped from the ruffian and made her way to the house where she informed her mistress of Drake’s proceedings. After the woman’s escape, Drake killed a negro boy whom he found in the kitchen, and then repaired to the house where, with a chair, he killed the negro wo man who escaped from the kitchen, the sister of Scott, and her daughter, a child of seven years of age. These transactions occurred at about midnight At 3 o’clock in the morning, the neighbors hav ing been apprized of the occurrence by some one of the family who esc tped from the massacre, broke into the house and found the cruel murder er in the act of burning the bodies of nis victims. Drake was secured and taken to jail, where he ' awaits his trial for the enormities committed by him. , It is believed that the object of this inhuman ’ wretch was plunder, as Scott had the reputation l #f a rich man, who had in his house large sums of gold and silver. Fire at Aiken.—A letter from Aiken, da ■ ted at 3 o’clock, A. M., yesterday morning, says : - “ Our little town has again been visited by fire. At one o’clock this morning the engine hous t took fire, and a small dwelling close by, and in half an hour both were enveloped in flames. * The wind is blowing from the north-east, and the fire appears to be subdued. About one hundred yards of the rail road, from the house down the 1 plane, is consumed. How it originated remains 5 yet unknown. Carriages, drays &c. are now ■ being procured to bring the passengers and bag * i gage from the foot of the plane to the breakfast I 1 house.”*— Charleston Courier of yesterday, I From the Savannah Republican. From Florida. We learn from a correspondent (atFort Holme* E. F., December 19th, 1840,) that on the loth inst. an express rider, going from Fort Russell to Pilatka, discovered two Indians within two or three miles of Fort Holmes, who attempted to cht him off; by dint of hard riding he escaped them, and upon his arrival atFort Holmes reported the fact to Lieut McKinstry, who immediately set out, accompanied by Dr. Bmlsallandlhirtyir.cn, but no signs of the Indians could be discovered. The neighboring hammocks were thoroughly ex amined. “Thirteen Indians are at Fort King-. They have given up their arms and appear anxious to emigrate. These Indians came in of their own accord, and I have no doubt that they are sincere in their professions of peace. •‘lt is reported that Wild Cat (Co-a-coo-chee) | and Tiger Tail have had a fight, and that Wild i Cat was killed in the affra\'. j “I saw a few days since, continues our Cores- I pondont, Wild Cat’s little daughter Chim-me i chat-tec, who was recently taken by the Dragoons |on the Wektwa. *She is a smart, active child ! of nine or ten years, and evinced her aristocratic education by paying little or no attention to her fell«\v prisoners whom she regards as plebians. 01 the latter class was a male child of four or five ; years of age, whom his companions designated las Joe. Joe is of a surly disposition and bj r no : means a favorite. Chirn-me-chattee, when she | first saw him after his capture remarked, “that ! she could not see the use of keeping him a prison ! er, that he could not light a lire or bring water, ! and that they ought to knock his brains out.” | The New York ’cotrespondent of tne National i Intelligencer writes— There is no stir at ail in the money market. The impression is increasing that Philadelphia will slide into a resumption without any serious diffi culty. The sub-Treasury now continues to bo the only blockade in the way of a general resumption, and an approximation toward equal exchanges.— Mr. Tilliaghast is right in calling attention to vio lations of the sub-Treasury law ; and though the Receiver General here tries outwardly, to carry out the law, yet he daily violates it, particularly that part which refers to banknotes. Abolish the law, and with the good feeling now arising in the coun try on mercantile matters, vve can have “the golden age” in three months. Ohio.—Gov. Siiaxsox’s Message.--The mes sage of Gov. Shannon is a very long document. —He discusses the subjects of currency, the pa per'system, a National Bank, and the Sub-Trea sury. His manner is argumentative, his style clear, his language free from vituperation, but his doctrines are those of the Van Buren school. We shall not attempt a synopsis of his financial dis course, since the substance of all that he says on the subject has been reiterated again and again by politicians of the party, until the main points, I we presume, are familiar to most readers. The public debt of the State is about fourteen millions eight hundred thousand dollars; upon which amount, except about one million, interest is paid annually. To complete the public works j still under construction, the’estimales require $2,- 438,000. The total amount of the State’s reven ue for the year, (not including that from the ca nals) is $306,498 28 ; the balance in the Treas ury after the payment of all expenses is a little j over eleven thousand dollars. The school fund amounts in all to $286,200 01. The amount of tolls, lines and water rents on the several public works, after deducting repairs, superintendance and awards of damages, is in the aggregate $354,781 82. There are about seventy-five pupils in the Deaf j and Dumb Asylum. The Institution for the in- j struction of the Blind has thirty-two pupils, being j an increase of thirteen since the last report. In the Lunatic Asylum one hundred and one insane i persons have been admitted during the year, and j fifty-three discharged in a restored state. The accounts of all these institutions are satisfactory. The number of convicts in the Penitentiary on the 30lh of November was four hundred and eigh- | ty-eight. The earnings of this establishment during the year have paid all its expenses, and there is a balance over of about $25,000. — Balti more American. Perquisites alias Pilferings of Office —ln the old fashioned, honest times of Jelierson and Madison, when office seekers and office hol ders had made but meagre advances in craft and roguery, in comparison with what some of them now possess, it used t« be that the legal salary at tached to an office was considered the proper com pensation for services, except perhaps in some few instances, where the nature of the business trans acted therein was such as precluded ihe possibili ty of fixing any stated amount. It was but sel dom in those days that an office holder was found boasting of his perquisites, and proclaiming that they were worth thousands a year—and whyl Because men were selected to fill offices who were known] to be competent and honest; the choice of them were not given to the noisiest and most mischievous political pack horses, but frequently | to men who were no politicians at all. The con- ; sequence was, that all branches of our govern- ■ ment were administered in honest sincerity and j republican purity, and not farmed out to private i peculators, and made sources of enormous gain to those who take them on shares. How wonder fully have things changed since the days when our every branch of government was thus dispen sed. Public offices are now too frequently sought as affording a means of making enormous sums annually by what are termed perquisites, a term which, in many cases, is synonymous with pil fering. The legal salary attached to an offije is but a minor consideration now-a-days, and not the object contended for, as in the age of our fore fathers. All this comes of rewarding men for their tricks and dishonesty in the service of a par ty, by giving them situations which neither their dispositions nor habits fit them, for, which, as we have frequently said before, must materially wea ken the efficacy of the departments in wu.ch they are placed, and rob republican government of its brightest ornaments. — Phil. Chron. x \ A Western Huzza.—The Western Whigs do tip their politics on. no diminutive scale; and in announcing election returns they talk “ tall.” As an example, the Conneaut (O.) Gazette thus introduces its table of Harrison States; “ Here they come—corruption rebuked—slan ders silenced—the country saved—Marlin Van Buren defeated — Gen. Harrison elected ! ! ! Don’t talk about trumpets, drums or guns. Give us a regular explosion ! Charge the mammoth cave of Keatuck—bring up the Falls of Nia gara—tear down the Green Mountains and the Alleghanies, and blow up the Fake // / None of your small arms !” Hebrew Women.—Wherever the women of the Hebrews are to be found (and where are they notl”) they still exhibit the type of their intellec tual beauty which subdued Egypt, and reformed the penal statues of Persia, and their fine heads are cited by science as models of the highest mor al conformation. Bright thoughts flash from their bright eyes, quick perceptions animate their noble lineaments, and if the force of circumstances is no Ipnger directed to elicit the high qualities of an Esther or a Judah, the original of the pic-? tuie drawn by the prophet king of the virtuous women, “whose price is above rubies, ’ may be found among the Jewish women of modern as of ancient times, for they eat not the bread of idle ness,” and “the hearts of their husbands trust Ithem.” — Lady Morgan's Woman and her Mas ter. Correspondence if the Baltimore American. y Washington. December IG. Iv jSexatjj.—This President’s Message. The Vice President, alter the expiration of the morning hour, announced the postponed motion of Mr. Webster tube the subject in order before the Senate. Mr. Webster *aid that it was not without some reluctance that i-e had concluded to address the Senate upon the subject of the President’s Mes sage —especially at this period of the session. He had no disposition to re-open old wounds, or to enter again upon the discussion of topics which had so recently, and at such great length, been discussed in the Senate. All thatlpropo.se I to do is to salanit some remarks with regard to | the finances of the country. 1 do not propose i to refer at much length to the past, or to spocu | late upon the future. I wish to consider the fi- I nances of the country as they arc, and to com ment briefly upon some of the facts or opinions laid down in the Message. He thought the President was mistaken in j some of his positions in reference to a National i Debt and a National Bank. Os a National Bank | said Mr. Webster, I shall say nothing at pic ; sent. In regard to a National Debt, I wish to ! submit to the Senate whether any party since the foundation of the Government, ever made a j National Debt one of its governing principles. | It so when did that party exist, and where is the proof of its existence? It is true that the Gov ernment has contracted debts —the old Continen tal Congress contracted debts—loans were made in the days of the Revolution—a debt was con tracted by John Adams with Holland; but of the propriety of these measures there are none who doubt them. But, continued Mr. Webster, the remark of the President is particularly unfortunate when he says that a National Debt has been one of the prominent measures before the country. The present is the only Administration which in time of profound peace has contracted a debt, and this Administration has expended twenty revert mil lions five hundred thousand dollars more than its income. Reserved by the Deposit Act, £0,000,000 on the first of January 1837. Here was this amount on hand. In 1837 the fourth instalment was kept back, amounting to £9,000,000. —In addition to this, the Bonds due from the old Bank have been the means of pay ing into the Treasury the sum of £8,000,000. To this is to he added the outstanding Treasury notes, making in all $27,500,000; and this shows that for the three or four years past the Administration has expended nearly eight mil- I lions per annum, beyond its income. But, asked Mr. Webster, again, —is this ail! lam afraid it is not all. I think the Secrectary of the Treasury has taken to his own account as income of the Government, what properly be longs to the Trust Fund provided for the Indians under certain treaties. Mr. Webster noticed some of these, refening to the official reports. From the_War Department he read of one in vestment of $ 1,800,000. This sum was dopes j ited in stock— State stocks—which were named ; hy the Senator. Belonging to the Chickasaws, ; was invested the sura of £1,500.000. Other sums were invested, leaving but £300,000 of these Trust Funds which were not invested. The Secretary had kept no separate account of these Trust Funds, and as a matter of book I keeping it might, or it might not, bd a proper mode of doing business. He should have thought that this account should have been kept separate ly. the Department being as it was a Trustee for the Fund. Mr. Webster then quoted the prices of the I State Stocks, showing that they were below par, , and had fallen greatly since the pledge. The | United States were indebted to the Indian Tribes. We had received their lands— we had pledged ( to invest their funds in permanent stocks, and this we had not done, and the United States j were indebted for the loss. Now they were in- I debted to the sum of £2,500,000 on account of i these Trust Funds and investments. This £2,- 500,000 was a debt—to all intents and purposes a debt—due hy the Government, and though not necessarily to be paid to-morrow, nevertheless due from the Government to the Indians. There are other and outstanding debts con tracted, within the four years past, debts due to unpaid contractors, on account of Indian and i frontier claims—on account of spoliations—on j account of treaties—on account of borrowed i moneys—on account of Treasury Notes out standing. I agree, continued Mr. Webster, with much that is said in the Message upon the subject of Public Debt, and the impropriety of contracting such a debt in a time of profound peace; but it does seem to me, added the Senator, that the opinions of the President come with an ill grace from him. For the debt is as old as the Admin istration. There has been no moment when this Administration was free from debt, and in debt on account of borrowed moneys. The scope and tendency of the Message upon this subject is therefore calculated to create an erroneous im- j pression, and what will be the result of thisim- j pression ? Why they cannot be brought togeth- j er—summed in their various items, for many ! months to come. I hope, said Mr. Webster, that th£ President of i the U. S. did not intend to forcstal public opin ion on this matter, and to hide the present by concealing the past. I will not impute this mo tive to the President, but the scope of the Mes ‘ sage is calculated to create a false issue. I in tend, said Mr. Webster, to prevent this if I can, and to prevent the President from leaving this impression on the minds of the people. I Intend to move too, that new books be open ed on the 4th of March next; that there shall be w hat the merchants call a rest —that we shall be gin de novo giving the Treasury full credit for any balances accumulated there in March, and making it rt sponsible for its indebtedness also. Mr. Webster then referred to the report of the Secretary of the Treasury and to the fact of his saying that though there were £4,500.000 yet due for Treasury notes, this was less by £23,000,- 000 than the amount due the Treasury, and de posited with the States. This representation al so was calculated to leave an erroneous impres sion on the public mind. Did the President mean to recall, or say the three instalments deposited with the Slates should be recalled 7 Did the Se cretary of the Treasury mean this ? It was well known to Congress and the country that the j Treasury had no control of the money deposited : with the States—none whatever. The money ; could not be recalled by the President or the De- 1 partment, but must be recalled by an act of Con gress authorising the recall of the money. The inference that this sum belongs to the Treasury is false, and calculated to mislead the public mind. Mr. Webster proceeded to comment upon oth er topics in the Message, and spoke of the ap proaching termination of the Compromise Act. Nothing was said of replenishing the Treasury on account of a diminution of revenue. The President contented himself with ardent and ur gent generalities in reference to the future, while his experience had shown him that it was neces sary to expend $27,000,000 and more beyond the actual receipts ot the Government. Such was the difference between theory and experience. The new Administration was to mange the affairs of the Government without means, while the pre sent Administration had expended $27,500,000 beyond the receipte of the Government. Mr. Webster spoke but for an hour, and in conclusion expressed the hope that the new Ad ministration- which had the power to provide for the support of Government for the year 1841, would pursue a line of conduct which would make an extra session of Congress unnecessary. The inconvenience attending such a sesssion ViouM be great, and the expense -. " He hoped therefore tat the Treasury “ condu,onto urate a can, No one rose to speak as Mr. Webster „ . ucd. The question before the Senate w -° ac,tt * the reference of the financial part of the m to committee of finance. eßSa^ Wr. M RIGHT rose to reply, but n . paml, and solicited a further po-slponemem ,fT, to-morrow. ‘ ‘ cnt > Until Beautiful Extract. ‘Go out beneath m arched heaven m m-ht’s profoand gloom and! * if you can, ‘There is no god !’ Pronounce dread btejihenij. and each star above will rMI , VOU lor your unbroken darkness of intellect Jv voice that floats upon the night winds wilt beW, your utter hopelessness and despair- Jgiu ** God? Who, then, unrolled that blue scroll T! * threw upon its high frontispiece the legible ■ ,r) S« of immortality? Who fashioned this % r i earth—with its perpetual rolling waters and? ; expanse of island and man? Who settled th* ! foundation of the mountains? Who paved tl * j heavens with clouds, and attuned amid banned i 1 of storms the voice of thunders, and unchain** ; ; tbe tightenings that linger, and lurk, and flash * p their gloom? Who gave to the eagle a safe e\ri where the terapsts dwell and beat strongest, ij ; | t 0 the dove a tranquil abode amid the fore»'uth at ever echo to the minstrelsy ot her moan? \\v made thee, oh Man, with thy perfect elegance!: 1 intellect and form? Who made light pleasant thee, and the darkness a covering and aheraldt" . the first beautiful flashes of the morning? ; S avp thee matchless symmetry of sinew* B Jt ; limb? That regular flowing of blood? The 4I i repressive and daring passions of ambition and I°f love? At d yet the thunders of heaven gn,| | the waler.s of earth are calmed? Are there no j floods, that man is not .swept under a delude! ! They remain, but the how of reconciliation han?s ! out above and beneath them. And it were better j that the limitless waters and the strong mountains 1 were convulsed and commingled together—it wen I better that the very stars were conflagrated by fire i or shrouded in eternal gloom, than that one soul should be lost, while Mercy kneels and pleads for it beneath the Altar of Intercession, Sailor’ ’.s \ als x.—A sailor was once telling ot a country where the sun was so hot that the in habitants used no fire. ••How do they hile their tilth, then!”tain elderly lady. “Why, you see,” said Jack, “a big glass isrlg- I ged in the lops of the chimneys, which brings the { sun in a focus into the kettle.”. ® j ”La me, what a curls world,” said the old lady, as she replaced her spectacles on her no« Flirtation. BY X. F. WILLIS, They talk of love in a cottage, And bowers of trelliced vine. Os nature bewitchingly simple. And milkmaids half divine ; They may talk of the pleasure of sleeping In the 'hade of a spreading tree, And walk with a nymph al morning, Who tiips with a footstep free. Bui give me a sly flirtation. By the light of a chandelier. \ With music to play in the pauses. And nobody over near ; Or give me a seat on a sofa, With a glass of especial wine, And mamma too blind to discover The small white hand in mine. Your love in a cot*age gets hungry, Your vine is a nest for flies, Simplicity outs the graces. And your milkmaids talk of pies ; You smk to your shady slumber And wake with a (lea in your ear; And your damsel that walks in the morning. Is shod like a mountaineer. “ True love” is at home on a carpet. And mightily likes his ease ; And true 4 love has an eye to a capon, And starves in your “shadv trees.” His wing is the fun of a lady. His foot’s an invisible thing, And his arrow is tipped with a jewel, And shot from a silver string. MARINE INTELLIGENCE. Savannah, December 23. Cleared —barque Binney, Payne, Mobile ; sciir. Magnet, Cahoon, Key vVest. Arrived —ship Charlotte, Gorham. Boston ; sebi Red liover, Penlield, Havana-, steamboat Chatham, Wood, Augusta; steamboat Despatch, Hubbard, Augusta; steamboat John Randolph, gusta. Bc.lou' —ship Sterling, Saunders, from WUcasset; sciir Eagle, from Boston ; schr Elizabeth Ann, and 3 other schooners unknown. Went to sea —ship John Dunlap, Choate, New Orleans; ship Susan Drew, Babbage, Liverpool: brig Savannah, Shapter, New* York ; brig G B La mar, Johnson, New York; brig Augusta, Sawyer, West Indies. Departed —-steamboat Despattb, Hubbard, Au | gusta. Charleston December 24. Arrived yesterday. —Line brig Wankinco, How- I land, Baltimore. Cleared. —Fr. barque Grand Conoe, Rogerie.a potr in France; Brig Souther, Eldridge, Boston; Br. sehr. Victoria, Young, Nassau, (N. P-;) Schr. Sun, Wilson, VVest Indies. L. PENNEY^ UINIA TVIt K PA IN TER, Masonic Hall. Specimens may be seen at his room, or at the Book Store of H. A. Richmond. nov iS-trwtl Hoi:sc PalntiiiST, * ' Paper Haugilig* smd Glazing* It. P. SPEL MA N , Jr. Shop near the Upper Market, Broad-st., August (Jj’ economy, neatness, and despatch ' dec 10 b W . G . NIM MO . CO'.IM ISS IO N ME RCHA NT. Office in the lower tenement Masonic Had nov 9 ts ’ Dr. W. S. JONES tenders his profession* 1 services to the citizens of Augusta and its vYcimO He may be found at his residence on theN° r i side of Green second door below Mclntosh sb** ’ ; or at the Chronicle and Sentinel office. EXCHANGE ON NEW YORK— At sigW* ; and at one to twenty days sight. For sale by oct 23 ‘ GARDELLE & JOHN. J . BYRD. NOTARY PUBLIC, Will be thankful to his friends for any part oIJ| J . siness in the above line, which will be attended with rectitude, &c. 067 THE READING ROOM Attached to this office is open to subscribers, sb strangers introduced by them, every- day a p a e mug (Sunday evenings excepted) until 9 o cloc # . Subscription $5 ; for a firm yi two or more DAVID A . V ASO N » ATTORNEY AT LAW, Palmyra, Lee county, « i 4. Will practice in the adjoining counties of the th** tahoochee and Southern Circuits. references: Col Zadoek Jackson, f p a i m vra, Ga- i Rev. Jonathan Davis,3 Col. H. Pope, / Athens, Ga. Hon. C. Dougherty, 5 t oi. A. Reese, £ Madison, G»- Johnston & Robson, 3 t i J. WT Jones, Augusta. w4r * 06 ,